Business - News Articles

OpenAI Appoints Former Uber India President Prabhjeet Singh as First India Managing Director

Jun 29, 2026

TechCrunch

OpenAI appoints former Uber India president Prabhjeet Singh as its first-ever India managing director, signaling a major push into its second-largest global market as competition with rivals like Anthropic heats up.

Business Geopolitics

Apple Vision Pro Engineering VP Paul Meade Leaves for OpenAI's Hardware Unit, Joining Jony Ive's AI Device Team

Jun 29, 2026

Bloomberg.com

Apple Vision Pro engineering VP Paul Meade is leaving Apple to join OpenAI's hardware unit, reuniting with Jony Ive and former Apple colleagues to build next-generation AI-powered devices, as Apple struggles with Vision Pro's poor sales and pivots toward smart glasses.

AR/VR & Wearables Hardware Business Consumer Products

Tech Giants Fund $500M Initiative to Retrain Workers Displaced by AI They're Deploying

Jun 26, 2026

The Deep View

Tech giants OpenAI, Amazon, Microsoft, Google, and Anthropic are funding a $500 million nonprofit initiative called Raise Us to retrain American workers displaced by the very AI technology these companies are deploying, launching pilot programs across four states in a move that acknowledges growing tension between AI-driven layoffs and long-term …

Labor & Jobs Education Business

Apple Shares Plunge 6.1% as Memory Shortage Forces Mac and iPad Price Hikes of Up to $500

Jun 26, 2026

Bloomberg.com

Apple shares plunge 6.1% to $275.15 in their biggest single-day drop since April 2025, as a global memory chip shortage driven by AI data center expansion forces price hikes of up to $500 on Macs, iPads, and other products, with analysts warning iPhone Pro models could soon follow with a …

Hardware Business Data Centers

Apple Hikes MacBook Prices Up To $300 As AI-Driven Memory Chip Costs Surge 98%

Jun 26, 2026

the Guardian

Apple hikes MacBook prices by up to $300 as AI-driven demand sends Dynamic RAM costs surging 98%, with analysts warning iPhone price increases are coming next.

Hardware Business Finance

Google Loses Top AI Researchers to Anthropic and OpenAI Amid Equity-Driven Talent War

Jun 25, 2026

TechCrunch

Google is losing top AI researchers to rivals Anthropic and OpenAI in an equity-driven talent war, with Gemini contributors Jonas Adler and Alexander Pritzel, legendary researcher Noam Shazeer, and Nobel Prize-winner John Jumper all departing as pre-IPO equity packages lure elite talent away.

Labor & Jobs Funding Business

Trump White House Freezes Out Anthropic CEO Dario Amodei, Calls Him 'Weirdo' as AI Regulatory Tensions Escalate

Jun 25, 2026

WIRED

The Trump White House is freezing out Anthropic CEO Dario Amodei, reportedly calling him a 'weirdo' and refusing direct dealings with him, forcing cofounder Tom Brown to step in as tensions escalate over the regulatory future of the Claude Fable 5 AI model.

Regulation Business Foundation Models

Two Senior Google AI Researchers Defect to Anthropic as Talent Exodus Rattles Investors

Jun 25, 2026

Bloomberg.com

Two senior Google AI researchers are defecting to Anthropic, rattling investors as Alphabet faces a growing talent exodus with high-profile departures to rivals Anthropic and OpenAI, sending shares dipping amid fears Google is losing its competitive edge in the AI race.

Business Labor & Jobs Funding

OpenAI and Broadcom Partner to Deploy 10 Gigawatts of Custom AI Chips by 2029

Jun 25, 2026

OpenAI

OpenAI and Broadcom announce a landmark multi-year partnership to co-develop and deploy 10 gigawatts of custom AI accelerator chips by 2029, with rack deployments beginning in 2026 to meet surging global AI demand for OpenAI's 800 million weekly active users.

Hardware Data Centers Business

Oracle Slashes 21,000 Jobs as AI Automation Drives Massive Tech Layoff Wave

Jun 24, 2026

CNBC

Oracle slashes 21,000 jobs — nearly 13% of its workforce — as AI automation drives a massive restructuring costing $1.8 billion, joining Meta, Microsoft, and Google in a growing wave of AI-driven layoffs that have surpassed 50,000 in the U.S. in 2025 alone.

Labor & Jobs Enterprise Business